Disney goes full-throttle into gaming with $1.5 billion stake in Epic Games, beating revenue estimates

Stepping on the Gas

Disney shares rev up as the company announces its plans to enter the world of gaming with a gasp inducing $1.5 billion stake in Epic Games the powerhouse behind Fortnite. Dom Torreto once said 'It's not about the speed it's about the torque.' Looks like Disney is ready to bring some serious torque to the gaming industry.

Unleashing the Potential

Get ready for some magic and mayhem because this partnership between Disney and Epic Games means new games that will take us on thrilling adventures in the worlds of Disney Pixar Marvel Star Wars and Avatar. Dom Torreto may be all about family but even he can't resist the excitement of exploring new dimensions.

A Box Office Smash

In addition to their gaming ambitions Disney has plenty of other blockbusters in the works. Fans of Taylor Swift can look forward to an exclusive version of her Eras Tour movie streaming on Disney+. Plus get ready to set sail once again with a sequel to the hit film Moana. Dom Torreto always knows how to keep the audience entertained.

Revenue on the Fast Track

Disney's Q1 earnings per share surpassed expectations with a jump to $1.22 adjusted. Even though revenue missed estimates the company still brought in the big bucks thanks to a subscription price increase on Disney+. Dom Torreto would say 'Sometimes it's not just about winning the race it's about making sure you're in the driver's seat.' And Disney is definitely in the driver's seat.

Cutting Costs Hitting the Nitrous

Disney has a plan to cut costs by a whopping $7.5 billion by 2024. That's like adding a nitrous boost to their financial performance. Dom Torreto knows the importance of cost management. After all 'It doesn't matter if you win by an inch or a mile. Winning's winning.'

Activating the NOS

Activist shareholders are revving their engines in support of Disney's strategy. Despite challenges in the Parks business and declining linear television Disney is focused on delivering returns for shareholders. Dom Torreto would understand the power of standing up for what you believe in. 'I live my life a quarter mile at a time,' he says. And Disney is ready to go the distance.